Libra - Tag Archives - Cryptonews (Page 8)

First Impressions on Libra: Enthusiasm Prevails, Concerns Remain

The cryptoworld is in an uproar after social media giant with more than 2 billion users, Facebook, introduced Libra and Calibra projects to the world, which are supposed to come next year.Source: iStock/golubovyThough opinions on Facebook itself truly vary, and many do not support the company, its...

, by Eimantas Žemaitis

Facebook coin, Libra, Officially Starts its Journey (UPDATED)

Social media giant Facebook and another 27 organizations have finally confirmed their plans for Libra, "a global, reserve-backed digital currency that people can use for their everyday needs on the Libra network, a new more inclusive financial ecosystem", powered by blockchain technology. The...

, by Linas Kmieliauskas

Ahead of the Facebook Coin Announcement: How it May End Up?

"Anything that gets people using cryptocurrency <...> has the potential to be a gateway for other coins." "Few Facebook users care about decentralization today. Nor do they care about changing the global financial system."Source: iStock/VeraPetrukAfter months of speculation and rumour, not...

, by Simon Chandler

Facebook Coin Raises Over USD 120M from Visa, PayPal and the Like

Social media giant Facebook has reportedly managed to find more than a dozen companies that will invest in its payments project, Libra, around USD 10 million each.Venture capitalists, financial, e-commerce, telecommunications companies such as Visa, Mastercard, PayPal Holdings and Uber Technologies...

, by Linas Kmieliauskas

Existing Cryptos Could Gain Most from Facebook Coin – Caitlin Long

Bitcoin and blockchain advocate, 22-year Wall Street veteran Caitlin Long has made a series of revealing predictions about the future of Facebook’s forthcoming digital token – stating she believes existing cryptocurrencies stand to benefit greatly from the social network’s move...

, by Tim Alper

Facebook Coin to be Unveiled in June, ‘Nodes’, ATMs Coming – Report

Social media giant Facebook is expected to unveil its digital token this June and is looking for outside backers that would act as "nodes" of this new coin network, The Information reported, citing undisclosed people briefed on the plan.Source: iStock/Enes EvrenThe social network has talked to...

, by Linas Kmieliauskas

Facebook in Talks With Another Top Regulator Over its ‘GlobalCoin’

Social media giant Facebook is in “very early stages of conversations” with the U.S. Commodity Futures Trading Commission (CFTC) over its digital coin, Christopher Giancarlo, the outgoing head of the CFTC, told the Financial Times.Source: iStock/JaysonPhotographyThese talks should help...

, by Linas Kmieliauskas

Survey Just Showed a Use Case for Facebook Coin

18% of surveyed adult Americans would be interested in investing in a Facebook created digital token, and majority of these are looking to use it on the Facebook Marketplace. Source: iStock/franckreporterThe online survey of 1,000 Americans was commissioned by personal finance education website...

, by Linas Kmieliauskas

Telegram’s TON Comes in Q3, Facebook Coin – in 2020 – Reports

Messaging app Telegram might launch its blockchain ecosystem project Telegram Open Network in Q3 of this year, while Facebook's digital payments system aims to debut in about a dozen countries by Q1 of 2020, according to media reports. (Updated on 06:54 UTC: updates in bold.)Source:...

, by Linas Kmieliauskas

Facebook Snaps up Coinbase Compliance Pros

Social media giant Facebook appears to have poached two of cryptocurrency exchange Coinbase’s most experienced compliance experts as the social media giant reportedly gears up for a token launch.Source: iStockPhoto/bombuscreativeMikheil Moucharrafie, who spent four years working on compliance...

, by Tim Alper

Facebook Coin to Compete with PayPal, Credit Cards, Not With Cryptos

Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. ______Source: Instagram/FacebookCrypto enthusiasts are fired up with the news...

, by Juan M. Villaverde

Facebook Makes Cryptocurrency Ad U-Turn Amid Token Launch Speculation

Social media giant Facebook says it will change its stance on ads for cryptocurrency and blockchain technology-powered solutions, less than a year and a half after it effectively closed the door to crypto ads.Source: iStock/paisan191Facebook’s unequivocal ban, imposed in January 2018, did not...

, by Tim Alper

Facebook Coin Could be ‘Dramatic Catalyst’ for Crypto (UPDATED)

Having billions of users, the social media giant Facebook could in theory bring digital assets closer to a large number of potential users and could even act as a “dramatic catalyst,” according to Spencer Bogart, a partner at venture capital company Blockchain Capital. (Updated on UTC...

, by Sead Fadilpašić

Facebook ‘Has Spoken to Visa & Mastercard’ About a Token Launch

Social media giant Facebook appears to be drawing closer to the launch of its own cryptocurrency – and may have spoken to the likes of Visa and Mastercard about its forthcoming token.Mark Zuckerberg, CEO of Facebook. Source: FacebookPer a report from the Wall Street Journal, unnamed...

, by Tim Alper

Journalist: ‘Facebook Wants External Funding for its Cryptocurrency’

A writer for the New York Times says Facebook may be seeking USD 1 billion in external funding for its forthcoming cryptocurrency – and claims the social media giant could seek to peg the value of its token to “a basket of foreign currencies.”Source: IStockPhoto/luchezarNathaniel...

, by Tim Alper

New Facebook Coin: 3 Mistakes Experts are Making

Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. ______Source: iStock/David TranFacebook is taking the plunge.Behind closed...

, by Juan M. Villaverde

# Libra (Page 8)

Cryptonews in numbers